20 Articles
20 Articles
Russia reduced the forecast for natural gas production and exports by 2026, against the background of EU plans to completely stop procurement of Russian gas.
The Ministry of Economy of Russia has revised downwards its forecasts for natural gas production and exports of liquefied natural gas (LNG) for 2026. Updated calculations, which were reviewed by Reuters, are the basis for adjusting the federal budget of the Russian Federation until 2029 against the background of the systematic rupture of economic ties with the West due to aggression against Ukraine and the EU's plans to completely abandon Russia…
Key takeaways The Russian Ministry of Economic Affairs has revised its forecasts for natural gas extraction and export for the current year downwards, Reuters reports. The adjustments come at a time when the European Union is working towards a complete halt to Russian gas imports by next year. Production targets The revised […]
The Russian Ministry of Economy expects its country to produce and export less natural gas this year than previously expected, on the basis of the breakdown of economic ties with the West and of the European Union's plans to completely eliminate Russian gas exports, writes Reuters. According to the preliminary forecast, the production of natural gas from [...]
Another piece of bad news for the global energy market comes from Russia, as Moscow plans to further reduce production and...
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